by Gerhard Engelbrecht | Mar 26, 2021 | Chemicals
Sasol’s spot earnings were only slightly higher this week as lower oil prices and refining margins were offset by a weaker rand. Spot earnings for FY21 and FY22 are at R27.05 and R43.66/share. Refining margins remain weak and diesel cracks are close to...
by Gerhard Engelbrecht | Mar 19, 2021 | Chemicals
Sasol’s spot earnings retreated this week as oil prices pulled back sharply. Refining margins remained weak and diesel cracks dropped around $1/bbl. Spot earnings for FY21 is at 26.78/share and spot earnings for FY22 declined by 23% to...
by Gerhard Engelbrecht | Mar 12, 2021 | Chemicals
Sasol’s spot earnings continue to rise as oil and chemical prices continue to rocket higher. FY21 spot core HEPS are at R27.46 and FY22 spot HEPS are now at R54.51. Refining margins are weak however and diesel cracks have fallen to $3/bbl.Asian ethylene...
by Gerhard Engelbrecht | Mar 10, 2021 | Chemicals
Key themes: The key themes at the conference are the changes facing the chemicals industry. These include the energy transition and decarbonisation, plastic waste and the circular economy as well as electrification of vehicles and the permanent effects of...
by Gerhard Engelbrecht | Mar 4, 2021 | Chemicals
Spot earnings for Sasol continue to rise and core HEPS at spot for FY21 are currently at R26.32/share. Spot HEPS for FY22 are at R47.51/share. While oil prices were slightly lower, refining margins rebounded by14% as refineries in the US shut due to cold...
by Gerhard Engelbrecht | Feb 26, 2021 | Chemicals
We have recently upgraded our estimates for Sasol to reflect higher oil prices (link). Prices continue to move higher however and spot earnings increased forFY21 increased by 12% to R24.90 this week. Spot earnings for FY22 now exceed R40/share.Polymer...
